2950 Corston RdAnn ArborMI48105
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ann Arbor at 2950 Corston Rd, Ann Arbor, MI, 48105 at $650,000 posts ROI 9.97% with from $3,008/mo rent. Total monthly income equals $3,008/mo. Return on cash invested measures 9.97% and rental yield reads 5.55% at the current $650,000. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 by year five. Five-year ROI prints 51.1% and total cumulative return in cash totals $109,274. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,008/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2021
N/A lot
$N/A/sqft
$520 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48105, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,988 (100%) |
| Owner Occupied HU | 8,288 (46.1%) |
| Renter Occupied HU | 8,515 (47.3%) |
| Vacant Housing Units | 1,185 ( 6.6%) |
| Median Home Value | $491,269 |
| Average Home Value | $578,441 |
Housing Distribution
Address Breakdown
Residential
17,208
Single Family
14,376
Multi-Family
2,832
Businesses
619
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Listed by: Michael Perna • EXP Realty Main
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250009954
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-02-27 06:01:16 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702